Jamie Dimon thanks Gary LaBarbera, more than 1,200 local union workers at 270 Park construction site

By Empire Report Staff | July 26, 2023

As construction on JPMorgan Chase’s new headquarters building at 270 Park Avenue in Manhattan surpasses its halfway mark, JPMorgan Chase Chairman and CEO Jamie Dimon joined Gary LaBarbera, President of the Building and Construction Trades Council of Greater New York, to personally thank the more than 1,200 construction workers on site.

“No one works harder than you do – in all kinds of tough weather conditions, including New York City humidity, doing a very difficult job. You are an exceptional group of men and women, and we are so proud of what you do. You are building this incredible building, in the best city on the best block,” Dimon told the crowd gathered on the 9th floor of the site, which will be one of the building’s eight trading floors.

The project averages about 1,200 workers on site each day and will create more than 8,000 construction jobs from across 40 local unions during the building period – triggering additional economic activity of $2.6 billion for New York City and $3.6 billion for New York State. The 1,388-foot, 60 story skyscraper will be New York City’s largest all-electric tower with net zero operational emissions and will be home to 14,000 JPMorgan Chase employees once completed by the end of 2025.

More information about JPMorgan Chase’s plans for 270 Park Avenue can be found here: